SENATE BILL REPORT
HJR 4223
BYRepresentatives Nelson, Barnes and Jacobsen; by request of Washington State Energy Office
Extending and expanding the authorization for government utilities to lend money for energy conservation.
House Committe on Energy & Utilities
Senate Committee on Energy & Utilities
Senate Hearing Date(s):January 28, 1988
Majority Report: Do pass.
Signed by Senators Benitz, Chairman; Bluechel, Vice Chairman; Madsen, Nelson, Stratton, Williams.
Senate Staff:Paul Parker (786-7455)
January 28, 1988
AS REPORTED BY COMMITTEE ON ENERGY & UTILITIES, JANUARY 28, 1988
BACKGROUND:
In 1979, voters approved a constitutional amendment (Art. VIII, sec. 10) authorizing municipal utilities to make loans to finance residential energy conservation. Although the Washington Supreme Court recently recognized that municipal utilities have statutory authority to purchase conservation, the option to offer conservation loans may end when the constitutional amendment expires January 1, 1990.
SUMMARY:
The January 1, 1990 expiration date on Article VIII, section 10 is removed. The limitation that loans may finance only residential conservation is deleted and new language is added to allow public utilities to make loans for conservation in commercial and industrial facilities and equipment.
Appropriation: none
Revenue: none
Fiscal Note: none requested
Senate Committee - Testified: Lawrence Gunn, Seattle City Light; Dick Watson, WSEO; Jake Fey, Tacoma City Light